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Stock Market & Financial Investment News

News Breaks
November 29, 2012
17:07 EDTDUKDuke Energy reaches settlement agreement with NCUC, NC Public Staff
Duke Energy announced that it has filed a settlement agreement with the North Carolina Utilities Commission, or NCUC. This agreement was reached between Duke Energy, the staff of the NCUC and the North Carolina Public Staff. Following approval, the agreement would resolve all issues related to the matters under review by the NCUC regarding Duke Energy's change in president and CEO following the close of the merger between Duke Energy and Progress Energy on July 2. The parties agreed that the settlement agreement does not constitute and should not be construed as an admission or acknowledgement of any illegal or improper acts by Duke Energy. The current general counsel as well as the company's executive vice president, regulated utilities, will assume new leadership roles to be announced following the NCUC's approval of the settlement agreement. Duke Energy will provide proportional fuel, fuel-related, workforce and low-income assistance financial benefits to its South Carolina customers. These are in addition to and consistent with recent merger-related commitments to customers in the state and are expected to total between $8M and $9M.
News For DUK From The Last 14 Days
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August 21, 2015
17:29 EDTDUKPJM releases results for 2018-2019 PJM Interconnection capacity auction
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August 20, 2015
10:01 EDTDUKDuke Energy seeks proposals for solar in South Carolina
Duke Energy issued a request for proposals for about 53 megawatts of utility-scale solar capacity to be in-service in its South Carolina service areas by the end of 2016. In a separate RFP, the company seeks up to 5 megawatts of solar capacity for its Shared Solar Program, an innovative offer that will allow multiple customers to subscribe to the output of a specific solar facility and share in the economic benefits of the power produced. Projects should be greater than 250 kilowatts and no more than 1 megawatt of capacity. The company anticipates the Shared Solar Program will be particularly attractive to customers who want to receive the benefits of renewable energy but may not be able to install solar on their premises, such as renters or those who live in multi-family housing.
August 17, 2015
18:28 EDTDUKDuke Energy says constituents found in water samples occur naturally
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